Russia to Ban Banks From Using Messengers Like Telegram to Contact Customers – Regulation Bitcoin News

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Russia to Ban Banks From Using Messengers Like Telegram to Contact Customers – Regulation Bitcoin News
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Bill bans Russian banks from using foreign-based messengers to contact clients.

, Whatsapp, Viber, and the like fit the description, the business daily Kommersant reported.

The restrictions concern not only banks but all other financial organizations as well, including brokers, companies operating in the securities market, management firms, investment funds, and private pension funds and depositories, the article details.According to Anatoly Aksakov, head of the parliamentary Financial Market Committee, the Russian Ministry of Digital Development, Communications and Mass Media will be tasked to oversee the ban, not the Central Bank of Russia in this case.

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